World2U Media AG
Extraordinary general meeting of World2U Media AG
World2U Media / AGM/EGM Corporate news transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Extraordinary general meeting of World2U Media AG Hünenberg, 11 January 2007. World2U Media AG (Berlin and Frankfurt stock exchange: WKN A0D8V0) with registered office at Hünenberg, Switzerland, announced today that an Extraordinary General Meeting will be held on 31 January 2007 at 2.30 p.m. in the Baar hall at the Parkhotel Zug in Zug, Switzerland. The purpose of this Extraordinary General Meeting is the creation of new share capital for securing the funding of further company development. The Supervisory Board requested to resolve upon an ordinary capital increase, the share capital being increased by a maximum of CHF 2,000,000.00 by issue of new bearer shares with a nominal value of CHF 0.01 each at an issue amount yet to be determined, with the increase having to be executed by the Supervisory Board within the framework of the provided maximum amount in the scope of the received subscriptions. The Supervisory Board is authorised by Extraordinary General Meeting the determine the issue amount per bearer share. The new bearer shares to be issued will be entitled to dividend starting from the financial year 2007. The contributions to the newly issued bearer shares required for capital increase are made in cash. The subscription right of the present shareholders is preserved. The Supervisory Board further suggests to the Extraordinary General Meeting to authorise the Supervisory Board to increase the company’s authorised capital until 31.1.2009 by a further 10,140,000 shares, corresponding to a nominal value of 101,400 CHF. With the capital increase and the creation of authorised share capital, the Supervisory Board makes another attempt to increase the company’s financial flexibility. It is possible to acquire further companies, company parts and interests, as well as investment projects that are relevant to income. Shareholders wanting to participate or to be represented in the Extraordinary General Meeting may obtain the admission card including voting documents from World2U Media AG until 23.01.2007 at the latest against deposit of the bearer shares at the company office in Hünenberg, or against submission of a bank confirmation according to which these shares are kept at the bank’s depot and are frozen until 31.01.2007 and may not be sold. The bearer shares will remain deposited until the day after the Extraordinary General Meeting. No more admission cards will be issued after the 23.01.2007 and in particular on the day of the Extraordinary General Meeting. Shareholders not being able to participate in the Extraordinary General Meeting in person may be represented. For more details see the agenda of the Extraordinary General Meeting published at the SHAB or is sent to the shareholders on request. In the course of the current financial year, World2U Media AG plans to focus on the MoRis product developed and licensed by the company, and to make further developments, add new applications and establish MoRIs in the market as the leading system for mobile-controlled terminal and screen applications. MoRIs currently receives positive response throughout from vendors and users due to its easy operation and versatile variations. Further applications and uses of the system are currently developed and are to contribute to a further distribution of the system in the future. However, the investments in technology and marketing required for this purpose are cost-intensive, so that World2U Media AG plans an increase in its share capital in order to cover the incurred costs and obtain the basis for a future profit contribution from marketing its own products. World2U Media AG is a Swiss-based internet and IT service provider which offers internet services with two company-owned enterprises, and in addition develops and markets new tools and services for IT calculation systems, as well as the simplification and usability of the internet. Further information may be obtained by prospective customers on www.w2u.ch Contact: World2U Media AG, Investor Relations, Schadowstr. 71, 40212 Düsseldorf Mr. Özlem Bicim, Tel.: + 49 211 388 39 0, Fax.: 0049 211 388 39 399 Email: ob@w2u.ag World2U Media Deutschland GmbH, Bismarckstrasse 104, 41061 Mönchengladbach, Germany Mr. Dr. h.c. Dieter E. Ruehl, Managing Director. Tel.: + 49 (0) 2161 247 84 12 Email: info@w2u.ag DGAP 12.01.2007 ----------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden